Between FINRA and the SEC, who is winning the race to the bottom?

FINRA is empowered by the federal government to protect American investors from fraud and bad practices. One of the basic objectives of the Securities Act of 1933 is to prohibit deceit, misrepresentations, and other fraud in the sale of securities.

After a second financial crisis in a decade, it appears that neither FINRA nor the SEC has cause to celebrate.

Will financial reform remain illusive without transparency and independence; i.e., full disclosure of what really goes on at FINRA and the SEC by an independent third party?

Should FINRA and SEC employees be required to anonymously disclose information about the business practices of their organization and its leadership to an independent third party who can disseminate this information to Investors and the Public?

zEthics (http://www.zethics.com) provides a structured process for employees of FINRA and the SEC to anonymously disclose information about the business practices of their organization and its leadership.  As an independent third party, zEthics disseminates this information to Investors and the Public

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About zethics
CEO and founder of zEthics, Inc. Thirty years of experience with finance and accounting background in public private sectors.

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